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    HomeNewsHeadlinesPutin: Black Sea grain deal lost its significance in Russia

    Putin: Black Sea grain deal lost its significance in Russia

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    (Reuters) – Russia has withdrawn from the Black Sea grain deal that facilitated the safe export of Ukrainian grains. According to an article published on the Kremlin’s website by President Vladimir Putin, the agreement has lost its purpose. Putin stated, “The continuation of the ‘grain deal’ – which did not justify its humanitarian purpose – has lost its meaning.” Moscow decided to quit the deal last week after its conditions for extension were ignored. The deal, initiated a year ago amid a global food crisis and ongoing conflict, allowed Ukraine to export grain from its Black Sea ports. Since withdrawing, Russia has been launching attacks on Ukrainian food-exporting ports, with a recent attack on the port of Odesa resulting in casualties.

    Putin wrote the article ahead of the second Russia-Africa summit, highlighting Russia’s expectation of a record harvest this year. He stated, “I want to assure that our country is able to replace Ukrainian grain both commercially and free of charge, especially since we again expect a record harvest this year.” The competition for influence in Africa between Russia and the West has been intensifying. Although Russia has made limited investments in the continent, it has been making diplomatic efforts to gain support. During a U.N. vote in March 2022 to condemn Russia’s invasion of Ukraine, 28 African nations voted in favor of the resolution, while 25 either abstained or did not vote at all.

    Putin emphasized Russia’s commitment to supplying grain, food, and fertilizers to Africa, stating, “Russia will continue to vigorously work on organizing the supply of grain, food, fertilizers and more to Africa: we highly value and continue to dynamically develop the entire range of economic ties with Africa.”

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    The withdrawal from the Black Sea grain deal has raised concerns about the impact on global food prices and availability. Russia’s ability to replace Ukrainian grain will play a crucial role in mitigating any adverse effects.

    (Reporting by Lidia Kelly in Melbourne; Editing by Cynthia Osterman)


    Credit: The Star : News Feed

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